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Search Results 0 to 26 of about 27 (some duplicates have been removed)
it is that momentous. the flurry of talk last week about going big and swinging for the fences were underscoring the idea of the president and the speaker to persuade the democratic and republican rank- and-file to go for something as big as $4 trillion. it was a long shot to begin with. both sides decided to spend a few days pursuing this long shot and it turns out that speaker behner blinked first. he was the first one to realize publicly that he did not have the votes in his own troops to get this through because it would require too much. host: if the number goes down from $4 trillion, what gets left behind? guest: you go from $4 trillion down to something. the fall back number we think is $2.50 trillion. that is the amount of deficit reduction that would be necessary to get republicans to vote for an equivalent amount of debt ceiling increase. that is what is required to keep the treasury in the flush to get for the next election. that is the number and we know that the vice president had six members of congress and they were pretty close. they were at about $2 trillion. entirely from the s
you that you could save hundreds! yeah, that'll certainly stick with me. we'll take it. go, big money! i mean, go. it's your break, honey. same coverage, more savings. now, that's progressive. call or click today. >>> to norway now. today we learned that the lone suspect in that horrible bombing and shooting attack that killed 93 people has confessed to both. he is expected to make his first court appearance in oslo tomorrow. cnn's michael holmes will be there when he does. michael, today you met a norwegian man who has an unforgettable story about what happened on friday. >> reporter: yeah. casper largo is his name. he was one of several good americans who when the shooting erupted over on this island, they heard about it, they got on their boats, they went to the island and did remarkable things. getting dozens of those kids off the island as the shooting continued. i want you to listen to part of a conversation i had with him earlier today. >> i asked the guard to go off in the water and hold the boat. asking them to name themselves. >> you thought there was a kind of rapport? >> y
been going on now since the big deal talks between boehner and obama broke down on friday among all the congressional leaders on how to fix basically one problem. that is, how long the debt limit increase we will do. they have not been able to resolve that problem. host: do you think there's a chance the house really will leave town? guest: i do not know. no one would confirm that. there were rumors yesterday, mainly from democrats. republicans said they had heard nothing like that. democrats also said they would be surprised if the house would do that. it will look terrible with this crisis hanging over the nation. crisis hanging over the nation. it has happened in on other occasions. host: lori montgomery, according to the senate schedule, harry reid will be announcing the schedule at 11:00 a.m. have you heard anything? guest: i have not. when i left last night, it was not clear. they were still planning to proceed as they have been talking about for a week. that is, when the house bill comes over, they want to tilt it -- to kill it. it's not clear how they will do that. will they
. if you are going to rule out medicare now and say yeah, we are going to make big cuts but rule out medicare. that means democrats are focusing on 10%, discretionary spending that is our investments, r & d, education, infrastructure. the things we need to double and triple down on. the things we can afford to do in trying to catch up with china if we take care of the long-term structural debt on taxes, on health care and these other issues. >> yeah, we talked about the fact our health care system is at least 50% more expensive procedure by procedure than any other place in the world. we have this grip on a lot of the health care sector. we need health care reform. this is obvious. but it's been obvious for years. they don't do it on either side. >> coming up, connecticut governor dannel mall low. >> he's going to yell at you. >> i think he's in for a fight, yeah. yeah. >> mika is mad. she's not putting up with it anymore. >> this is incredible. sexual assault allegations against strauss-kahn. why it's on the verge of collapse. >> he was in yonkers at the time. come on. >>> first, he
't mean anything in the big picture other than being very successful in getting the democratic senate and the white house to start talking about spending reductions as opposed to just raising the debt ceiling, so we have been successful that way. but ultimately because the's di don't have a parliamentary system -- >> you just said this word, i just saw jim demint this morning on another news program talk about, you know, no, you know, said no to the boehner plan and he's arguing against the boehner plan, campaigning against it. what do you tell folks who look up to jim demint in that republican conference of yours? >> well, first of all, i think the majority of our colleagues believe that it's important to give our leadership support, number one, number two, when people really stop to think of how far we have moved the discussion from raising taxes to only lifting the debt limit to being able to cut spending at the same rate, then they have to consider it as being quite successful, i think. but at the end of the day, i do believe that my colleagues think that the country has to come f
. claire shipman, abc news, washington. >> boy. money's the big one. >> always. >> that's the main cause of divorces, financial arguments, couples can't agree on a budget, that sort of thing. >> that's like the idea you've been married awhile, you still are individual enough to say, i like to do my summers here, i like to do my thing over here. we're still together but we're separate peoplpl think that's an important lesson. >> i can see how that would work for some couples but not other couples like if you have twins. >> oh! i look like grady from "sanford and son," you look like sophia from "the golden girls." >> turns out i do not age well. >> oh, man. i love our graphics. that was good. >> all right. >> bea arthur. >>> she divorced tiger woods, dated somebody new, and discovered quite a surprise. can this girl catch a break? >>> a very well known former anchor of this show is putting some extra skin in today's "skinny." stay with us.rlrlrlrlrlrlrlrlrll ♪ skinny so skinny >>> sounding good there. >> thank you, thank you. >> time for "the skinny" on this wednesday morning. we're star
a story saying that big mortgages are back. the financial times and its financial section has two stories of highlights, one talking about stress tests and you may have remembered those from a few years ago done in the united states to test the fiscal capabilities of u.s. banks. this takes a look at european banks. but the one story from new york this morning looks at city baverbing looking at their profits, surging 24% to $3.3 billion. city results mirrors jp morgan. we have been talking about the notion of comfroms when it comes to discussions about the debt and should congress members of the congress republicans primarily as far as these discussions go, and the president, compromise on their ideals when it comes to debt talks? all available for you to join us. e-mail and twitter as well. new jersey. go ahead. caller: good morning. i would just like to say that i wish that the congress would do like the president said and try to put aside their issues just this once. so that the country can be saved economically. i'm so tired of the posturing that they continue to do in the house of rep
to be an american? not a big change when president obama came to office. what does that say to you? guest: remarkable continuity about something that is very important in defining this as a people. it does not seem to matter whether we have a democratic or republican president. we are patriotic nonetheless. host: james, pittsburg, republican line. caller: my comment is that you have to poll the younger crowd and they are the strongest and the fastest and most easily -- and it is easier for them to take in all the information they have take in. they are more alterable to become a soldier and not many of them are politically savvy. once they get into the war, they are generally -- most of the men i know that have come back especially from this war and from vietnam, they speak to the fact that they were fighting for its other. host: we will leave it there. guest: that is true. men who have had that experience in war talk about it that way. they also love their country. one of the things we see, it's a hard thing to take polls of soldiers because it's tough to do. but when you do, they are ve
and virginia is the big exception to this because they are the ones as john pointed out that established religious freedom, separation of church and state and so forth. if you look at these stasis constitutions and i don't have a political ax to grind, but it fascinates me that almost all of them have very, very specific religious christian, if not protestant qualifications for holding office so you have pennsylvania, for example, the most radical democratic constitution of them all, and in order to serve the government in pennsylvania, you have to uphold the devine inspiration of the old and new testaments. you know, you have to believe in a god. vermont is the one i love. 177 # -- 1776 constitution of the independence of vermont, now this bashing of liberalism, upholds the idea all people serving in government must believe in the inspiration of the devine old and new testaments, obey the sabbath, and be a protestant, catholics, jews, forget about it. they can't serve in government. it's referred to as a federalist argument; right? at what -- did the constitution leave religion out beca
: i think they are looking at a deal short of this cut, cap, and balance. the would like a big deal as obama calls it. speaker john boehner is interested in that, but not much support in making a deal from his own caucus. willing to open his >> more from this morning's "washington journal." the role that religious conservatives are playing in politics. at the table, richard land of theouthern baptist convention. all of these fiscal matters. in terms of how a religus conservative views the nation's debt? >> guest: we're borrowing 41 ces of every dollar our government spends. we have been living way beyond our means for a lg time. if we do not quickly address it, and i mean quickly and significantly, we're going to foreclose our children and grandchildren's future. they will spend their entire lives paying off our debt. my generation will be the first generation in american history to be quick to the children and grandchildren and or standard of living than the one we had. my parents would be aghast at this theorld w ii generation would be aghast. their whole lives were dedicated to u
. >> reporter: but house speaker john boehner claims his debt limit plan has been revived after a big last-minute fix. republicans reworked the package and now it's projected to cut more. $917 billion over ten years. >> it is a test. this is a big step trying to get control of our deficit and our debt. >> reporter: in an interview with brian williams for sunday special "taking the hill, inside congress" boehner played down the loud opposition from some of his own members. >> mr. speaker, is it fair to say that you have a bit of a rebellion on your hands or do you feel -- >> i have a little bit of rebellion on my hands every day. it comes with the territory. >> you don't worry? >> never let them see you sweat. >> reporter: the speaker is getting heat from democrats too. more than 50 just signed a letter saying they would block his plan because it would force us once again to face the threat of default in five or six short months. majority leader harry reid wants to kill the boehner bill and replace it with his own. >> i'm disappointed. i care about john boehner. i think he's a good person.
-ann, we haven't forgotten you. we're going to talk to you because it's your big day. we're going dom back after the break and we want you to watch this with us. we're going live now to new york city. that's where michael bloomberg is going to marry his aides after a break. i love that my daughter's part fish. but when she got asthma, all i could do was worry ! specialists, lots of doctors, lots of advice... and my hands were full. i couldn't sort through it all. with unitedhealthcare, it's different. we have access to great specialists, and our pediatrician gets all the information. everyone works as a team. and i only need to talk to one person about her care. we're more than 78,000 people looking out for 70 million americans. that's health in numbers. unitedhealthcare. [oinking] [hissing] [ding] announcer: cook foods to the right temperature using a food thermometer. 3,000 americans will die from food poisoning this year. check your steps at foodsafety.gov. >>> it's a fine and fancy day in the city of new york. i feel like i should be wearing my seersucker suit and drinking a mint julep
there's a big difference between the two. so the comparison doesn't really ring true with me because we can't do things like raise taxes. only thing we can do is get job number three and four. it's important to, of course, look at your own budget and own debt levels. in terms of the government's situation, it's very, very different. i don't think the comparison really gels for right now. again, we can't raise the money like they can. >> right. >> we have to pay attention to how much debt we're holding on to and how much we're paying for it. if the rating changes of our country and debt. >> your rate may go up. >> our rates are going to change and that's going to cost a lot. >> i agree that it's not the same. i would say the closest annualo for many people is how much money they have invested in their house which may not be worth what it was when they paid for it. >> this is huge. we had a big report from pew research center about the drop in minority wealth. the biggest culprit is the housing market. so much of the net worth put in the housing market. the best thing you can do in times
social security, you don't get a penny of it. every penny of that goes into the big pot and it's distributed to everyone else. anybody who dies to young, all of their money has been wasted. it is just going into the government pot. the second thing you have to know, is if you save up to much, when you start receiving it, you get taxed on it again. if you get taxed on social security when you are your money what you are working and then after you start receiving it, if you save up to much because you were worried about it, you get taxed on it again. it gets added to whatever income you have from your savings. host: do you think private savings accounts, that your social security should be yours when you pay in, you should be booked to get or keep or transfer? caller: i certainly do. that is why i voted for president bush to the second time around. i did not agree with him for very much but i agree with him on that point. people should have their names on their accounts and what ever they put into it should belong to them. so even if they die when their 50, that money goes to the
, then we're all in big trouble. host: where do you think that that compromise needs to start? in which house? in the senate? does the president need get involved with this? caller: obviously now with this filibuster, the compromise needs start there. they can have no debate while this filibuster is going on and that's ridiculous at this point in time. it's simply asinine. host: last night, it a news conference, majority leader harry reid talked about compromise and criticized the republican efforts to filibuster his debt plan. this is what he had to say. >> >> tonight a bipartisan party rejected the boehner short-term plan. clearly, we've seen something we've even a lot in the senate but this time, the country's attention is focused on it, a filibuster. a filibuster to prevent us from moving forward on this legislation. the vote that i put forth is a compromise. we would have changed it more but as i indicated on the floor, we had no one to negotiate with. it really is a worst possible time in conducting a filibuster. they're forcing us to wait until tomorrow morning at -- let's see. t
state constitutions, and virginia is the big exception to this because they're the ones, as john just pointed out, established religious freedom, separation of church and state and so forth. if you look at these state constitutions, though, and, you know, i don't have a political axe to grind on this question, but it does fascinate me that almost all of them have very, very specific religious, christian if not protestant qualifications for holding office. so you have pennsylvania, for example. the most radical, democratic constitution of them all. in order to serve the government in pennsylvania, you have to uphold the divine inspiration of the old and new testaments. you know, you have to believe in a god. vermont is the one i love. 177 -- as a historian at least, right? 1776 constitution of the independent state of vermont, you know, today this bastion of kind of secular liberalism upholds the idea that, you know, all people serving in government must believe in the inspiration of -- divine inspiration of the old and new testaments, obey the soundness and be a protestant. so you've
boehner has proposed. boehner has a pretty big job on his hands of maintaining that republican unity that we have seen so far at a time when democratic kennedy is coalescing because of anger over how these talks have gone. host: alexander blogging, thank you. our question this morning is, with the debt limit is affecting more financial decisions. let's go to cleveland, ohio on the democratic line. caller: good morning. host: is it affecting your financial decisions? caller: at this point, no permit but i am living on a fixed income. i am very much worried about whether or not this debt limit will be raised or not to coz i know the treasury department is going to have to make some decisions if it is not raced. i am confident social security recipients will receive their cash benefits. i am also confident those who are desperately in need of their money will receive their benefits. i am confident president obama and the democratic party are going to look out for the needy but i am highly unsettled about what is going on. mr. bolton made the fact that i do not think this debt limit is s
? >>> plus our big city crowd has gone a bit country this morning for one of the hottest acts around. blake shelton. look at that crowd. the cma's male vocalist of the year takes over our summer concert stage in the 8:30 half-hour. >>> first let's begin with this fatal fall at a baseball game. kim fisher from kxas the nbc station in dallas is at the rangers ballpark in arlington. kim, good morning. >> reporter: good morning, ann. everyone out here is simply in shock over what happened here last night. it started off as a typical play. josh hamilton, snagged a foul ball, he went to toss it up into the stands. but it is what happened in the seconds after that that simply shocked everyone. 39-year-old shannon stone who had come to the game with his son, reached out to grab that ball and he fell over the railing. now some of the people who were around did try to grab him but they just couldn't do it as he fell over. he did fall 20 feet but what we understand is that he was coherent while he was down there talking with paramedics, asking about his son, making sure his son was okay. some of the f
they get a tax-exempt status? >>reporter: that is the big question is. any groups that a right, obviously, to form and criticize fox news. the question is, should that be a taxper, subsidized, tax-exempt deductibl activity. media matters is something called a 501 (c) 3 referring to the section of the code that covers it and deductions to media matters are people getting to take off their taxes as if they gave money to the red cross or salvation army. and media matters is increasingly political in recent years and the founder has formatted what is scale add super pac to raise large amounts of money to defeat republican candidates and there are reports that the white house is in the entirely happy with that because they felt he was more effective attacking fox news at media matters. the question is, should that be subsidized by the federal government. deep deep the deep pockets, obviously, george soros and tell us about his past for those that do not know. >>reporter: he is a billionaire, naturalized american citizen and has in the past been caught up in insider trading activity in jump, an
been not a big deal but a small deal, something that would raise the debt limit. whether it's short term or long term. he wants a longer term. the advantage he's gained in public opinion, we saw that from our poll earlier in the week. it's why, by the way, speaker boehner was right when he said in his press conference, this wasn't about personalities, it was about different visions of country. house republicans are not playing politics. it's crazy politics what they're doing and republican leaders think it may hurt the party but it's what they believe and that's why we're at this point. >> john, it's interesting, speaker boehner called his press conference a few minutes after president obama but notably after the markets had already closed. was this intentional? >> reporter: absolutely it was intentional. the speaker was trying to do what he could to minimize the fallout from the collapse of these talks. and that's why there's urgency in meetings today and also on sunday to try to come to some resolution before markets open on monday in the hope that they can avoid a negative reacti
, and i see that you are less and less likely to be allowed by a big cover. we are building america to practice your religion, to practice your belief in laws, to accept responsibility for individually and as families and as government for your actions, and in that regard, i believe the american dream is lost. host: thanks. we're going to stop you at this time. thanks for adding your comments. on twitter, don't fall into the belief that the dream is dead. you're being manipulated for political purposes. parkville, indiana, sam is a democrat there, to talk about the american dream. good morning to you, sam. caller: hi. it from the united states of america to corporate states of america, united states of america, united corporations of america. corporations own this country. they have the republicans baltimore and paid for. they have the supreme court bought and paid for. we really have a lot of problems coming our way. thank you. host: thanks for your call. "baltimore sun" has a front-page story about immigration. opponents of tuition breaks for illegal immigrants have more signature
and if not replace it so the system can move properly. >> when it is in hot out, how do you keep cool? >> a big hat and ice cream. looking good. where is your favorite spot to cool down? we want to know. send your photos to "u local" at www.wbaltv.com. >> to washington now where president obama is making another attempt to restart the stalled talks on raising the debt ceiling. house speaker john boehner broke off talks on friday. this morning the president asked boehner and other congressional leaders to meet with him in an effort to find a way to avoid a u.s. default. 11 news washington bureau sally kidd has more. >> i couldn't get a phone call returned. >> president obama announcing a breakdown in debt talks with the house speaker zurg a hastily called news conference. >> the american people are desperate for folks who are willing to put aside politics just for a minute and try to get some stuff done. >> and to get a deal done, the president said he was willing to take a lot of heat from his own party. >> even if i didn't think the deal was perfect, at least it combo -- the deal was perfect, at l
sanction they could, which was a serious downgrade which meant that she didn't get as big a raise as she otherwise would have gotten. otherwise, no effect. so they're working along. another person in the office, a woman lawyer, has an emergency hearing coming up, and this secretary is given the job of typing it up. the woman comes by. she isn't doing her work, she's talking on the telephone, and this paper's due in court right away. so she says, "please hurry. this is due." doesn't do anything. meanwhile, the secretary comes back into the office, says to the woman lawyer, "if you ever talk to me that way again, i'm going to kick your ass." the woman lawyer, outraged, immediately went to the supervisor and said, "that person should be fired." one thing led to another. that was impossible to do, because she had so many built-in incrustations of rights and rules. she hired a lawyer, sued for discrimination because -- the secretary -- because they were trying to relieve her of her job. eventually they resolved it by putting her on suspension for nine months on full pay, and, of course, the j
Search Results 0 to 26 of about 27 (some duplicates have been removed)

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